The federal government has convened oil and gas stakeholders to discuss fair pricing of petroleum products across the country.
Stakeholders at the meeting, held on Monday at the headquarters of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in Abuja, include Dangote refinery, the Federal Competition and Consumer Protection Commission (FCCPC), and the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN).
In his welcome address at the meeting, Rabiu Umar, chief executive officer (CEO) of the NMDPRA, said the meeting’s objective was not to dictate, but to collaborate.
“We want to engage in an open, transparent, and solution-oriented dialogue. We want to hear your challenges, discuss market surveillance, look into inventory management, and align on how we can collectively accelerate key mechanisms like the National Strategic Stock (NSS) to protect our national energy security,” he said.
“I urge everyone present to engage constructively.
